China’s economy shows signs of weakness as investment slumps - FT中文网
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中国经济

China’s economy shows signs of weakness as investment slumps

Deteriorating domestic indicators add pressure on policymakers to increase stimulus spending
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{"text":[[{"start":10.22,"text":"China’s domestic economic indicators weakened further last month, piling pressure on policymakers to take more forceful measures to reinvigorate stronger growth in the world’s second-largest economy."}],[{"start":38.65,"text":"Retail sales grew 0.4 per cent year on year in August, data from the National Bureau of Statistics showed on Tuesday, down from 0.6 per cent growth in July and falling short of a median forecast of 0.8 per cent growth from analysts polled by Bloomberg."}],[{"start":40.44,"text":"Fixed asset investment declined 7.2 per cent over the first eight months of the year on a year earlier, deepening from a fall of 6.7 per cent in the year to July and slightly weaker than median analyst expectations of minus 7.1 per cent."}],[{"start":69.28,"text":"Industrial production strengthened, rising 5.2 per cent year on year, exceeding 4.5 per cent growth in July and median analysts’ expectations of 4.8 per cent, as China’s export machine has roared ahead in recent months."}],[{"start":null,"text":"

"}],[{"start":70.84,"text":"The slowdown in domestic economic indicators in the middle of this year has forced Beijing to signal it will speed up public spending."}],[{"start":78.56,"text":"China in July announced second-quarter economic growth of 4.3 per cent, one of its lowest readings in decades, as weak consumer demand and falling investment weighed on sentiment."}],[{"start":89.52,"text":"A large part of the slowdown is due to a five-year property slump."}],[{"start":93.76,"text":"Data from the NBS showed that new home prices in 70 cities fell 0.17 per cent from July, when they fell 0.18 per cent. Resale home prices fell 0.31 per cent from 0.29 per cent a month earlier."}],[{"start":113.73,"text":""}]],"url":"https://audio.ftcn.net.cn/album/a_1789442042_2114.mp3"}

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